2026-01-08 09:25:36

Bitcoin has recently returned to the vicinity of the previous breakout starting point. The market shows some actions to support the price, but the buying strength is clearly insufficient, and the selling pressure has not been truly alleviated. Currently, the long positions are still holding around $91,100. It is crucial to defend this level; once the $89,000 support is broken, consider reducing positions. For traders who haven't entered the market yet, you can gradually build positions in the range of $87,000 to $89,500.

Ethereum's situation is even worse. It rebounded from the bottom, but the enthusiasm for the rebound is clearly low. The most critical level in the short term is $3,080. If this support is broken, this round of rebound is likely to end, and close attention should be paid to subsequent developments.

BTC-0,84%

ETH-0,36%

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SmartContractPlumber

· 01-11 08:47

I've seen too many instances of insufficient market support actions. Last time was the same, and the result was a direct breach of the support line. The 89,000 level really cannot be lost; if it's lost, we'll have to reassess and find a new entry point.

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ForkInTheRoad

· 01-11 00:56

If I can't hold 91100, I'll admit defeat. Anyway, this market stabilization effort just doesn't seem promising.

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GasOptimizer

· 01-10 15:58

Here comes another market support play. Can it really hold? If 89,000 breaks, it’s time to cut. This wave is a bit risky. ETH is even more painful; if 3080 is lost, it’s game over.

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ForeverBuyingDips

· 01-08 09:55

Here comes the market support drama again, who's buying, who's buying Can this 89,000 support level really hold? I'm not confident ETH's rebound is indeed weak; if 3080 breaks, it's over But I will still keep adding to my position at 87,000, just for entertainment If 91,100 can't be held, I guess it's time to run away

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MEVHunterX

· 01-08 09:53

If 91100 can't hold, it's really going to bleed. It's better to wait until 87000 to get in more safely.

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rugpull_survivor

· 01-08 09:45

91100 I can't hold it anymore, I'll be liquidated if it drops further --- ETH rebound enthusiasm is not high? Basically, nobody wants it --- I'll wait for 87000 to slowly get in, why are you in such a hurry --- As soon as 3080 breaks, I'll run, ETH is really annoying --- Fake protection of the market, just fooling retail investors into taking the loss --- Long positions are still struggling hard, I already got out a long time ago --- This rebound was always fake, it's not interesting --- Gradually building positions sounds good, but the problem is, who knows where the bottom is --- With such heavy selling pressure, still daring to buy the dip? I'm crazy

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EthSandwichHero

· 01-08 09:26

Buyer's strength is insufficient. This wave feels a bit risky; if we can't hold at 91100, we have to run. ETH is even worse; the 3080 barrier is really deadly.

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